Sacramento Appraisal Blog

JANUARY 30, 2024

That pretty much describes sellers. But in 2024 there’s a flicker of hope as sellers have thawed out just a bit. UPCOMING (PUBLIC) SPEAKING GIGS: 01/31/24 Joel Wright […] The post Are sellers finally starting to thaw out? Any thoughts?

Sellers 364

Sellers Appraisal Marketing New Listings 364

Sacramento Appraisal Blog

FEBRUARY 7, 2023

There is so much talk about buyers sitting on the sidelines right now, but let’s talk about sellers who are also sitting. This is a local trend, but it’s something showing up in many markets across the country also.

Sellers 325

Sellers Housing Market Marketing Real Estate 325

Housing Wire

JUNE 21, 2023

Unlike a typical spring homebuying season in which sellers are also looking to buy a home, people trying to relocate into a bigger or smaller home in the Mid-Atlantic region made up a relatively small share of the housing market. of sales were rental or investment properties or second homes , according to a survey of 1,063 listing agents.

Sellers 370

Sellers Investing Inventory Buyers 370

Housing Wire

JULY 29, 2022

metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market. Table 1, below, reports the 10 hottest U.S. decrease.

Housing Market 410

Housing Market Sellers Marketing New Listings 410

Housing Wire

MAY 3, 2024

To that I say, timing is everything in real estate. As the spring selling season kicks off, many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase. Serious buyers showed discernment as they know inventory is growing. With only 1.3

Inventory 427

Inventory Lending Real Estate Housing Market 427

Housing Wire

APRIL 5, 2022

Home price appreciation in February climbed 20% over the previous year, marking the 12th month of consecutive double-digit gains , according to figures released Tuesday by real estate analytics firm CoreLogic. Upstate New York had the lowest appreciation rates in the country, with Ithaca posting a 5.2%

Sellers 458

Sellers Inventory New Listings Real Estate 458

Housing Wire

OCTOBER 24, 2022

In May, I wrote about the signs to watch for a real estate market slowdown. The price of new listings is dropping. Home buyers got spooked when mortgage rates passed 5.5%. In April, May and June, when rates spiked dramatically from 3% to 6%, we saw inventory rise as buyers pulled back. in September to 6.5%

Real Estate 324

Real Estate Marketing Inventory Sellers 324

Housing Wire

FEBRUARY 14, 2024

Meanwhile, other homes are lingering on the market for months and driving up the typical age of listings on Zillow to 72 days. To lure more buyers, sellers are coming to terms with the market conditions and are agreeing to apply price cuts to their homes. In January, one in five houses listed on Zillow included a price cut.

New Listings 421

New Listings Sellers Housing Market Buyers 421

Housing Wire

MARCH 6, 2024

Bad for sellers Prospective home sellers may not notice incremental changes in mortgage rates. percentage points—sellers take notice. Facing these realities, many would-be sellers decide to stay put. This is clear in the chart below, which shows the year-over-year percent change in the four-week average of new listings.

Mortgage 441

Mortgage Sellers New Listings Buyers 441

Housing Wire

MAY 8, 2024

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new. Reffkin’s confidence came from what he called “five facts.”

Agents 440

Agents Brokerage Real Estate Clients 440

Housing Wire

JANUARY 10, 2024

You’re excited to get your next listing on the market, but now you’re feeling the pressure to do an amazing job for your sellers, who have put their trust in you and are excited about making a move. It can net your seller thousands or tens of thousands more when you do this right! Make sure both places shine.

Sellers 421

Sellers Inspection Agents Clients 421

Housing Wire

APRIL 19, 2024

High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market. A surge in new listings of luxury homes was not enough to curb the price growth associated with rising demand. New listings of luxury homes soared 18.5% Buyers are looking for that again.

Luxury Properties 466

Luxury Properties New Listings Buyers Housing Market 466

Housing Wire

APRIL 24, 2024

While the real estate industry is forever in flux, one constant is that it’s a relationship business. One of the biggest challenges for agents is finding new clients and staying top-of-mind until they are ready to buy or sell. Market Snapshot reports on new listings, for-sale properties, price changes, and neighborhood trends.

Real Estate 431

Real Estate Clients Tools Contracts 431

Housing Wire

OCTOBER 13, 2023

Berg told ALTA One attendees that they should be particularly wary of escrow account “shenanigans” and that they need to keep tabs on how builders and real estate agents are shifting funds around through escrow accounts. With transaction volume down, ALTA is warning members to be extra vigilant when it comes to all types of fraud.

Real Estate Agent 441

Real Estate Agent Real Estate Agents Sellers 441

Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I There were nine new pending contracts for every 10 new listings, a slower rate than the 9.9 Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

DECEMBER 3, 2020

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. The divide between supply and demand is striking: compared to last year, total new listings increased.22%,

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

SEPTEMBER 13, 2022

But now this is a real risk. Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. It wasn’t the rate move that caught my attention — it was the new listing data. in 2021 and as high as 6.25% in 2022. The parts of the U.S.

Mortgage 520

Mortgage Inventory New Listings Sellers 520

Housing Wire

DECEMBER 21, 2022

From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun. That is a real live talking point, but it will require a job loss recession. Confused by this?

Inventory 528

Inventory New Listings Housing Market Sellers 528

Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side.

Sellers 285

Sellers Clients Inventory Agents 285

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. Real estate pros can make their best predictions, but no one knows what will happen with 100% accuracy. That’s where we come in.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

MARCH 8, 2024

The mailers are titled “Notice of Proposed Settlements” and they began hitting the mailboxes of home sellers in mid-February. If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. What do the postcards say? she asked. “It

Agents 432

Agents Legal Realtors Clients 432

Housing Wire

APRIL 18, 2024

The one thing that is positive this year which is different than last year is new listing data is rising year over year, nothing spectacular, but it’s a positive story for housing This means we have more sellers that will be buyers in 2024. million, and in 2007, it peaked at 4 million.

Inventory 491

Inventory Housing Market New Listings Buyers 491

Housing Wire

JANUARY 20, 2023

December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates,” Lawrence Yun, NAR’s chief economist, said in a statement. This year, buyers may be out in front of supply, and the market could be surprisingly competitive.” A total of 5.03 year-over-year increase in December to $366,900.

Inventory 384

Inventory Housing Market Realtors Buyers 384

Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. But recently, we’ve started to see buyers get cold feet. million and 1.92 million to 5.61

Inventory 500

Inventory Housing Market Real Estate Agent Buyers 500

Housing Wire

AUGUST 18, 2023

Not prequalifying is unprofessional and can waste your time and the sellers. All pricing scripts are best used at the listing table! Don’t lose the listing of a motivated, have-to-sell seller over price. If they have sell, you have to take the listing! Are homes selling on average for 105% of the list price?

Sellers 370

Sellers Construction Real Estate Finance 370

Housing Wire

NOVEMBER 21, 2023

Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation,” NAR Chief Economist Lawrence Yun said in a statement. The median existing- home price for all housing types in October was $391,800, down from $394,300 in September but up 3.4%

Inventory 410

Inventory Realtors New Listings Contracts 410

Housing Wire

OCTOBER 28, 2022

The Federal Reserve has had to drastically raise interest rates to quell inflation, which has resulted in far fewer buyers and even fewer sellers.”. Yun noted that new listings are down compared to a year ago, as many existing homeowners do not want to give up the 3.0% or lower mortgage rate they locked in at.

Contracts 525

Contracts New Listings Realtors Housing Market 525

Housing Wire

JANUARY 10, 2024

Between leveraging your personal network, filming YouTube videos and even the unpleasant task of cold prospecting, real estate professionals today wear all the hats. Yet, in a competitive real estate market, agents don’t always have the luxury of investing months into long-term brand-building.

Real Estate 420

Real Estate Real Estate Agent Tools Agents 420

Housing Wire

NOVEMBER 28, 2023

Home prices rallied in September, as homebuyers still outnumbered sellers. Home prices are expected to slow in the fourth quarter of 2023 Higher rates combined with a typical seasonal slowdown should push down the number of buyers on the market. Home prices posted a 3.9% annual gain in September, up from a 2.5%

New Listings 421

New Listings Contracts Inventory Sellers 421

Housing Wire

FEBRUARY 7, 2024

With mortgage rates briefly topping 8% and home prices breaking records throughout the year, many would-be sellers simply decided not to bother listing their homes, exacerbating already tight inventories. New data from the U.S. Mortgage rates followed suit, walloping buyers’ purchasing power.

Inventory 432

Inventory Sellers Mortgage Marketing 432

Housing Wire

FEBRUARY 28, 2024

To help, I put together my best strategies for real estate social media marketing that still work in 2024, common mistakes to avoid, how to choose which platforms to focus on, and my favorite free and paid social media tools that can cut your work in half. Social media gives you the perfect opportunity to build a brand that resonates.

Real Estate 458

Real Estate Marketing Tools Contracts 458

Housing Wire

AUGUST 27, 2020

year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”.

Contracts 485

Contracts Realtors New Listings Real Estate 485

Housing Wire

JUNE 17, 2021

The report also shows the housing market also set new records for home-selling speeds and competition, although seasonally adjusted home sales and new listings flattened from April. “Sellers are still squarely in the drivers’ seat, but buyers have hit a limit on their willingness to pay. . from April.

Housing Market 534

Housing Market New Listings Sellers Buyers 534

Housing Wire

FEBRUARY 12, 2024

New listings each week, which were record few last year, are growing now. There are still notably not a lot of sellers. But home sellers are gradually easing back into this housing market. There were 66,000 new listings this week, of which 14,000 are already in contract. It’s not a ton of sellers.

Sellers 441

Sellers Housing Market Buyers New Listings 441

Birmingham Appraisal

JUNE 28, 2022

Has There Been a Shift In The Real Estate Market? From all indications, there has been a definite shift in the real estate market. 5 Real Estate Stats To Keep An Eye On. 1) Active Listings – Active listings in both Jefferson and Shelby County have increased since February. Conclusion.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Housing Wire

APRIL 25, 2024

If you want to thrive this year, choosing the right real estate apps is crucial. To help, we reviewed hundreds of options to put together this list of the best real estate apps for 2024. Think of it as another concierge service to offer your buyers to help you stand out.

Real Estate 440

Real Estate Agents Open Houses Tools 440

Hank Miller Team

JANUARY 9, 2024

What is the forecast for the Atlanta real estate market in 2024? The high water marks of late spring '22 are visible Rate shocks bottomed in late '22 and over'23 prices climbed back ending up in all categories Peaks to current see about even list prices with 5-5.5 This assumes that no new listings are added to the market.

Real Estate 40

Real Estate Marketing Contracts Sellers 40